Apresentacao Ing

September, 2009.September, 2009.

NON-DEALROADSHOW

NON-DEALROADSHOW

José Rubens de la Rosa – CEOJosé Rubens de la Rosa – CEO

Carlos Zignani – Investor Relations DirectorCarlos Zignani – Investor Relations Director

Thiago A. Deiro – Investor Relations ManagerThiago A. Deiro – Investor Relations Manager

AGENDAAGENDA

The CompanyThe Company

Global PresenceGlobal Presence

Marcopolo FiguresMarcopolo Figures

Capital MarketCapital Market

Bus Sector in BrazilBus Sector in Brazil

SustainabilitySustainability

Marcopolo CorporationMarcopolo Corporation

Product Line – Generation 7Product Line – Generation 7

Founded in 1949Founded in 1949

Production Capacity Production Capacity BrazilBrazil 85 units/day85 units/day

(GB Polo not included)(GB Polo not included) Brazil and AbroadBrazil and Abroad 160 units/day160 units/day

No. of Employees 2Q09 No. of Employees 2Q09 BrazilBrazil 9,3699,369

Brazil and AbroadBrazil and Abroad 11,71311,713

No. of plants No. of plants BrazilBrazil 44

AbroadAbroad 88

Dividends 2008Dividends 2008 R$ millionR$ million 52.1 52.1 (38.4% (38.4%

Payout)Payout)

ABOUT MARCOPOLOABOUT MARCOPOLO

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• One of the world’s largest bus body manufacturers;One of the world’s largest bus body manufacturers;

• Leadership position in Brazil with 40% market share;Leadership position in Brazil with 40% market share;

• One of the most recognized brands in the global bus industry;One of the most recognized brands in the global bus industry;

• State-of-the-art technology;State-of-the-art technology;

• Integrated production of nearly all parts used in manufacturing Integrated production of nearly all parts used in manufacturing

process;process;

• Complete product line: coaches, urban buses, midi, micro and Complete product line: coaches, urban buses, midi, micro and

minibuses.minibuses.

MARCOPOLO BRIEF OVERVIEWMARCOPOLO BRIEF OVERVIEW

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UNDERSTANDING MARCOPOLO’S PRODUCTUNDERSTANDING MARCOPOLO’S PRODUCT

CHASSI

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BUS BODY

UNDERSTANDING MARCOPOLO’S PRODUCTUNDERSTANDING MARCOPOLO’S PRODUCT

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Components Bus Production Post-sales Support

► Seats

► Foams

► Windows

► Doors

► Hydro-sanitary installation

► Handbag Compartment

► Plastic Components

► Air Conditioning System

► Audio & Video

► 12 units: 4 in Brazil and

8 abroad

► Presence in over 100

countries

► Up-to-date technology

► Low cost Structure

► Specialized efficient plants

► Qualified workforce

► Customization

► Quality widely recognized

► Sales representatives

► Technical Assistance and

product guarantee

► Retail facilities

► Possibility of financing from

Moneo Bank

VERTICALIZATION & COMPETITIVE ADVANTAGESVERTICALIZATION & COMPETITIVE ADVANTAGES

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AGENDAAGENDA








Product Line – Generation 7 Product Line – Generation 7

BUS BODY WORLD MARKET BUS BODY WORLD MARKET Marcopolo has approximatley 8% of the world’s market shareMarcopolo has approximatley 8% of the world’s market share

OTHERS IN LATIN AMERICA 2008 = 6,0002018 = 9,000

RUSSIA2008 = 8,0002018 = 30,000

CHINA 2008 = 40,0002018 = 55,000

AFRICA (without Egypt) 2008 = 6,0002018 = 10,000

BRAZIL2008 = 25,0002018 = 36,000

ARGENTINA 2008 = 2,0002018 = 4,000

USA / CANADA 2008 = 8,0002018 = 12,000

MEXICO2008 = 9,0002018 = 14,000

COLOMBIA 2008 = 4,0002018 = 6,000

CENTRAL AMERICA 2008 = 2,0002018 = 3,000

FAR EAST2008 = 15,0002018 = 20,000

INDIA 2008 = 45,0002018 = 60,000

EUROPE2008 = 30,0002018 = 35,000

SUMMARY

2008 = 204,000

2018 = 300,000

CAGR = 3.9%

EGYPT2008 = 4,0002018 = 6,000

SOURCE: Internal estimates for the production of buses with more than 7ton.SOURCE: Internal estimates for the production of buses with more than 7ton.Note: School BusesNote: School Buses in the USA and Canada are not considered.in the USA and Canada are not considered.

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Suez - Egypt

Loma Hermosa (Buenos Ayres) - Argentina

Caxias do Sul - Brazil

(Planalto & Ana Rech)

Rio de Janeiro - Brazil

Cota (Bogota) - Colombia

Monterrey - Mexico

Johannesburg – South Africa

Changzhou - China (components)

Dharwad & Lucknow - India

Pavlovo – Russia

WORLDWIDE PRESENCEWORLDWIDE PRESENCE

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AGENDAAGENDA








Product Line – Generation 7Product Line – Generation 7

32,027

35,410

6,292 5,319

9,122

28.9%31.6%

17.4%21.6%

28.7%

2Q08 1Q09 2Q09 2007 2008

Brazilian Bus Body Production External Market

+10.6%

BRAZILIAN BUS BODY PRODUCTION (units) BRAZILIAN BUS BODY PRODUCTION (units)

+18.3%

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2Q08 1Q09 2Q09 2007 2008

DM

EM

Global Production Global Product Breakdown 2Q09

21,811

17,807

+22.5%

5,1093,926

5,480

GLOBAL PRODUCTION (units)GLOBAL PRODUCTION (units)

Volare20.0%

Mini Buses (LCV)15.4%

Micro Buses8.5%

Urban Buses42.5%

Intercity Buses13.6%

+30.1%

DM = Domestic Market

EM = External Market

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Net Sales Breakdown 2Q09Net Sales

2Q08 1Q09 2Q09 2007 2008

DM

EM

+20.5%

485.8

474.1600.1

2,101.1

2,532.2

NET SALES - CONSOLIDATED (R$ Million)NET SALES - CONSOLIDATED (R$ Million)

Intercity Buses24.0%

Volare21.2%

Parts/ Others & Chassis10.4%

Mini Buses (LCV) 5.9%

Micro Buses3.9%

Urban Buses34.6%

+2.5%

DM = Domestic Market

EM = External Market

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47.0%

35.3%40.0%

44.7% 43.0%

2Q08 1Q09 2Q09 2007 2008

-1.7 pp

Gross Profit & MarginMarket Share

474.1

342.6

81.7102.987.9

14.6%21.7%

16.8% 16.3% 18.7%

2Q08 1Q09 2Q09 2007 2008

+38.4%

MARKET SHARE (%) & GROSS PROFIT (R$ Million) MARKET SHARE (%) & GROSS PROFIT (R$ Million)

-20.6%

+4.7 pp

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134.4146.5

32.631.020.3

5.2% 4.3% 5.3%6.7% 7.0%

2Q08 1Q09 2Q09 2007 2008

Net Profit & Margin

273.5

168.5

51.046.726.5

10.8%8.0%10.5%9.9%4.4%

2Q08 1Q09 2Q09 2007 2008

EBITDA & Margin

-8.3%

+62.3%

EBITDA & NET PROFIT (R$ Million)EBITDA & NET PROFIT (R$ Million)

+9.2% +60.6%

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239.0352.9201.0

410.7

402.6

334.4

2Q08 1Q09 2Q09

Net IndebtednessCapex

2Q08 1Q09 2Q09 2007 2008

Note: = Financial Segment

= Industrial Segment

535.4

755.5132.2

110.6

25.838.8

26.0

CAPEX & INDEBTEDNESS (R$ Million)CAPEX & INDEBTEDNESS (R$ Million)

As of June 30, 2009, net debt from industrial segment was 0.8 times LTM EBITDA.

+19.5%

-33.5%

649.7

-14.0%

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CONSOLIDATED FIGURES (R$ Million)CONSOLIDATED FIGURES (R$ Million)

2Q09 2Q08 Var. % 1H09 1H08 Var. %

Production (Thousand Units) 5.1 5.5 (6.8) 9.0 10.2 (11.8)

Net Sales 485.8 600.1 (19.0) 959.9 1,053.2 (8.9)

Gross Profit 81.7 87.9 (7.1) 184.6 167.6 10.1

Net Financial Income 16.3 27.4 (40.3) 16.5 44.9 (63.3)

Net Profit 32.6 31.0 5.2 52.8 59.9 (11.9)

EBITDA 51.0 26.4 93.2 97.7 68.3 43.0

Net Financial Liability - Industrial Segment

239.0 201.0 18.9 239.0 201.0 18.9

Total Assets 2,117.1 2,282.1 (7.2) 2,117.1 2,282.1 (7.2)

Net Equity 724.6 648.9 11.7 724.6 648.9 11.7

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1.1%

0.6%

1.8%3.4%

4.6%

8.1%

28.7%51.7%

Foreign Shareholders

Other Shareholders in Brazil

Jose Antonio Fernandes Martins

BNDES Part. S.A.BNDESPAR

Caixa Prev. Bc. Brasil - PREVI

Fundos Adm. Inv. Profissional

Marcopolo Foundation

Controling Shareholders

Preferred Shares

As of June, 30, 2009.As of June, 30, 2009.

Common Shares

64.3%15.2%

6.2%

5.3%

3.7%2.0% 1.7% 1.6%

Controling Shareholders

Fundação Bco. Central - CENTRUS

Bco. Bradesco S.A. / Bradesco Seguros S.A.

Other Shareholders in Brazil

Marcopolo Foundation

BNDES Part. S.A.BNDESPAR

Fundo Fator Sinergia IV FIA

Fundo Participação Social FPS

SHAREHOLDING DISTRIBUTIONSHAREHOLDING DISTRIBUTION

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17.7

30.226.6

50.4 47.5

59.4

1H07 1H08 1H09

Nº of Transactions (thousands) Nº of Shares Traded (millions)

Number of Transactions & Number of Shares

Traded

Traded Value & Market Value (R$ Million)

193.5320.3371.9

1,641.3

1,410.4

997.8

1H07 1H08 1H09

Traded Value Market Value

SHARE LIQUIDITY AND VALUATIONSHARE LIQUIDITY AND VALUATION

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38.4

51.941.852.944.9

0

50

100

150

2004 2005 2006 2007 2008

Net Profit Pay Out (in % ) Dividends(Company)

AVERAGE PAY AVERAGE PAY OUT: 45.6%OUT: 45.6%

NET PROFIT (R$ Million) & PAY OUT RATIONET PROFIT (R$ Million) & PAY OUT RATIO

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Independent Board Members (3 out of 7)

Fiscal Council

Support Committees: Human Resouces & Ethics; Audit & Risks; Strategy & Innovation; and Executive

Independent External Audit

Tag Along (100% Common and 80% Preferred shares)

BMF&Bovespa Corporate Governance Level 2 since 2002

Financial Statements in IFRS

Code of Conduct

Disclosure and Negotiation Policy

Participation in the BMF&Bovespa IGC and ITAG indexes

Heirs’ Succession Plan

CORPORATE GOVERNANCECORPORATE GOVERNANCE

Marcopolo adopts corporate governance best practices, following the principles of

transparency, accountability, social responsibility and equitable treatment of shareholders.Marcopolo adopts corporate governance best practices, following the principles of

transparency, accountability, social responsibility and equitable treatment of shareholders.

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4.4 4.5

0

2

4

6

2007 2008

Environmental Investments (R$ Million)

•Destination of waste residue;Destination of waste residue;•Effluent treatment;Effluent treatment;•Atmospheric monitoring;Atmospheric monitoring;•Expansion and Improvements in Expansion and Improvements in

effluents effluents treatment facilities;treatment facilities;•ISO 14001;ISO 14001;•Licensing, annuity;Licensing, annuity;•Environment Laboratory, etc.Environment Laboratory, etc.

+2.3%

93.3 93.5

0

40

80

120

2007 2008

Investments in Education and Training (Average hours per employee)

•Training courses;Training courses;•Financial incentives to high Financial incentives to high

school, school, graduation and graduation and related areas;related areas;

•Foreign languages courses;Foreign languages courses;•Improvements in a specific Improvements in a specific

area.area.

+0.2%

SUSTAINABILITYSUSTAINABILITY

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MARCOPOLO FOUNDATIONMARCOPOLO FOUNDATION

Created in 1988, the Foundation develops the “VidaConvida” program, focused on Created in 1988, the Foundation develops the “VidaConvida” program, focused on

the quality of life of its collaborators and families. And the “SuperAção” program has the quality of life of its collaborators and families. And the “SuperAção” program has

activities aiming the education of children and teens in social and personal activities aiming the education of children and teens in social and personal

vulnerability situation in the communities where the company has factories. In the vulnerability situation in the communities where the company has factories. In the

SuperAção program, the following actions stand out:SuperAção program, the following actions stand out:

1. VOLUNTEER PROGRAM1. VOLUNTEER PROGRAM

Working with 7 institutions of children and teenagers and 2 asylums. Working with 7 institutions of children and teenagers and 2 asylums.

2. MARCOPOLO PROFESSIONAL EDUCATION SCHOOLS2. MARCOPOLO PROFESSIONAL EDUCATION SCHOOLS

Provide social and technical formation, first paid job, scholarships, benefits and Provide social and technical formation, first paid job, scholarships, benefits and

access to the access to the carrier plan of the Company. carrier plan of the Company.

3. SCHOOL PROJECT3. SCHOOL PROJECT

It is a project developed in partnership with schools targeting to It is a project developed in partnership with schools targeting to contribute contribute

with the with the development of educative environment and the relationship along the development of educative environment and the relationship along the

scholar community and scholar community and citizenship formation.citizenship formation.

4. A HAPPY DAY4. A HAPPY DAY

Celebration of Children’s Day, being developed entertainment activities, sundry Celebration of Children’s Day, being developed entertainment activities, sundry

artistic artistic presentations and snacks distribution. presentations and snacks distribution.

PROFESSIONAL QUALIFICATIONPROFESSIONAL QUALIFICATION

For Marcopolo, Training and Development of people are considered as investment. For Marcopolo, Training and Development of people are considered as investment.

SUSTAINABILITYSUSTAINABILITY

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SUSTAINABILITY – G7SUSTAINABILITY – G7

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Approximately 90Kg of fiberglass scrap per produced unit, resulting from the manufacturing of the parts will not longer be addressed to industrial scrap landfills;

In average 400Kg of fiberglass per unit will not be wasted after the product lifetime.

ENVIRONMENTAL EARNINGS WITH THE FIBERGLASS REDUCTION ON GENERATION 7

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BUS BODY TOTAL WEIGHT REDUCTION AND BETTER AERODYNAMIC

PERFORMANCE:

Reduction of fuel consumption and accordingly reduction of greenhouse

effect gases emitting (CO2)

during usage stage. Tires consuming reduction, raising their useful life, preserving a non-regenerative natural resource and minimizing scrap wasting.

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AGENDAAGENDA









PLANTSPLANTS

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AGENDAAGENDA









G7 - PARADISOG7 - PARADISO

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G7 - VIAGGIOG7 - VIAGGIO

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Carlos Zignani

Investor Relations Director

[email protected]

Phone: +55 54 2101.4115

Thiago A. Deiro

Investor Relations Manager

[email protected]

Phone: +55 54 2101.4660

www.marcopolo.com.br/ri_eng

[email protected]

www.marcopolo.com.br/ri_eng

[email protected]

INVESTOR RELATIONS CONTACTINVESTOR RELATIONS CONTACT

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DISCLAIMERDISCLAIMER

This presentation contains future information. Such information is not

simply historical facts, but reflects the desires and the expectations of

the Company’s leadership. The words anticipates, desires, hopes,

forecasts, intends, plans, predicts, projects, wishes and similar ones,

intend to identify affirmations that necessarily involve known and

unknown risks. Known risks include uncertainties that are not limited to

the impact of the competitiveness of the prices and services, market

acceptance of services, the Company’s service transitions and its

competitors, the approval of regulations, currency, fluctuation in the

exchange rate, changes in the mix of services offered, and other risks

described in the reports of the Company. This presentantion is updated

until the present date. However, Marcopolo is not obligated to update it

with new information and/or future events.

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Documents

Apresentacao Ing